Liu Zhang operates Lawson Consulting, which began operations on June 1. The Retained Earnings account balance at June 1 was $0 and the owner invested $19,640 cash in the company on June 1. On June 30, the company's records show the following accounts and amounts for the month of June. $12,000 5,900 7,900 4,260 19,640 Dividends Service revenue Rent expense Wages expense $ 2,900 16,200 3,400 8,000 Cash Accounts receivable Equipment Accounts payable Common stock Income statement and balance sheet

Liu Zhang operates Lawson Consulting, which began operations on June 1. The Retained Earnings account balance at June 1 was $0 and the owner invested $19,640 cash in the company on June 1. On June 30, the company's records show the following accounts and amounts for the month of June. $12,000 5,900 7,900 4,260 19,640 Dividends Service revenue Rent expense Wages expense $ 2,900 16,200 3,400 8,000 Cash Accounts receivable Equipment Accounts payable Common stock Income statement and balance sheet

Name: Liu Zhang operates Lawson Consulting, which began operations on June
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Description: Liu Zhang operates Lawson Consulting, which began operations on June 1. The Retained Earningsaccount balance at June 1 was $0 and the owner invested $19,640 cash in the company on June 1.On June 30, the company's records show the following accounts

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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